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Article: LC/MS enlivens maturing liquid phase market.(liquid chromatography/mass spectrometry)
- Article from:
- Instrument Business Outlook
- Article date:
- January 15, 2005
CopyrightCOPYRIGHT 2005 Strategic Directions International Inc. (SDI). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In 2004, the liquid phase instrumentation market performed quite well considering the somewhat sluggish global economic situation. In fact, growth kept pace with predictions, culminating in annual revenues for the market of $4.15 billion in 2004. Overall, the market grew about 7%, which is certainly an improvement over 2003 growth, which achieved better than 6% growth. While it is unlikely that the market will again exhibit double-digit growth, the liquid phase instrumentation market continues to expand approximately $250 million per year.
This market is comprised of a host of related separation and purification techniques, from high performance liquid ...